The Legend Holdings-formed venture capital firm is reportedly seeking $300m for the final close of its latest dollar-denominated healthcare vehicle.
Legend Capital, the China-headquartered venture capital firm formed by conglomerate Legend Holdings, has reached a $177m first close of its third US dollar-denominated healthcare fund, AVCJ reported yesterday.
Founded in 2001, Legend Capital targets a range of areas including IT, financial services, food and agriculture, advanced manufacturing, professional services and innovative consumer technology and services, in addition to healthcare.
The firm’s latest fund has a $300m target for its final close, two sources close to the situation told AVCJ. It…